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The net Income for Howie Doohan Corporation was $560 million for the year ended December 31, 2021. Related Information follows: Sale of common stock for
The net Income for Howie Doohan Corporation was $560 million for the year ended December 31, 2021. Related Information follows: Sale of common stock for cash, $48 million Amortization of trademark, $16 million Cash dividends pald, $56 million Decrease in salarles payable, $16 million Depreciation expense, $68 million Increase in accounts payable. $46 million Increase in bonds payable, $54 million Net cash flows from operating activities during 2021 should be reported as: Multiple Choice O $582 millon 5650 milion 5606 milion 5674 millon
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